Central Bank Noted Negative Impact of Low Credit Activity on Financial Stability

The Central Bank of Azerbaijan (CBA) is holding an open tender for insurance of fixed assets. This is reported on the unified internet portal of state procurement.

USD 1.7000 EUR 1.7814

The Unemployment Insurance Fund (UIF) under the Ministry of Labor and Social Protection of the Population does not provide information about its investment activities, the conclusion of the Chamber of Accounts on the draft budget law for the Fund for 2025. According to the document, the draft budget does not include any indicators related to the Fund's investments or income from such activities.

As of the end of 2023, investments of the State Social Protection Fund (SSPF) under the Ministry of Labor and Social Protection of the Population amounted to 2,515.3 million manats, the conclusion of the Chamber of Accounts on the draft budget law for the Fund for 2025.